A rapidly growing gold producer Perseus Mining Limited (ASX/TSX: PRU) operates two gold mines in West Africa and is developing its third mine, with the goal to increase gold production to over 500,000 ounces per year in 2021/2022. We learned from Jeff Quartermaine, Managing Director of Perseus Mining, that they are focused in Ghana and Cote d'Ivoire, the two countries that rate very highly in term...Read More
Bank of America has hiked its 18-month target for gold from US$2,000 to US$3,000 per ounce."As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure and investors will aim for gold," the bank says in a research note today."True, a strong US dollar backdrop, reduced financial market volatility, and lower jewelry de...Read More
Gold Resource (NYSE-AM: GORO) has released preliminary first-quarter production results for its mining operations in the U.S. and Mexico.In Nevada, its Isabella Pearl open-pit heap leach mine, the company's flagship property, produced 3,692 ounces in the first quarter. Isabella Pearl is located 174 km southeast of Reno in south-central Nevada's Walker Lane mineral belt. Production commenced in Apr...Read More
I remember talking to my fellow editors at the start of the year, with everyone lamenting that there was nothing really new going on in the market. At least nothing that would really change the slow upward burn. How quaint.This is like the old trope about the cursed monkey paw that grants wishes - be careful what you wish for because they'll bring unforeseen ruin as well. We certainly have to kee...Read More
By: Ira EpsteinGold's weekly chart is bullish, 18-week moving average nearing $1,600 -- a big support area for gold. Upper Bollinger bands at $1722 area and rising...Read More
By: Avi GilburtI know the title may sound unusual and almost unrealistic to those following the media cycle. With unemployment skyrocketing, GDP projections in the tank, bankruptcy expectations running sky high, and the average person on Main Street struggling terribly, how is this action even possible?So, before I outline my analysis, which is actually rather simple right now, I want to re-post...Read More
The news media and the pundits flailed around over the weekend trying to come up with reasons why the broad averages have rallied to within 10%-20% of record highs even though the global economy could be headed into a depression. ZeroHedge is usually able to provide plausible answers to such questions, but here's an attempt that fell short. It places commodity trading advisors at the center of...Read More
Today and tomorrow's close is the key to gold prices. If it falls till tomorrow then gold will move into a short term bearish phase. If not then gold prices will form a medium term bottom. Investment demand is there for gold. But investors will wait if gold prices fall today. Silver, copper and industrial metals will see higher demand from factories as more and more nations open up. World will o...Read More
(Kitco News) - SSR Mining Inc.'s (NASDAQ, TSX: SSRM) three operations combined to produce over 107,000 gold-equivalent ounces during the January-M...Read full newsRead More
Gold mining stocks and ETFs have been sturdy in the past month and have more gains in store.Read full newsRead More
"Look at this beautiful Chart... its for #VanstarMining... and its not too late.They have been considered one of 'Canadas most undervalued #gold #mininers' ... https://t.co/jBt43Og8qE #Vanstar $VSR #GoldStock #TSXV #IAmGold #smallcaps #Gold #Goldmine #MomentumStocks"Read full newsRead More
"$CBL $MAC $SPG - COVID-19 Crisis: Geographical Risk Assessment Of The Retail REITs Industry. https://t.co/Yj2o8hGI96 #business #markets #investing"Read full newsRead More
The Mellach facility was in the province of Styria.Read full newsRead More
Nickel prices jumped to their highest in more than a month on Monday after mining company Vale slashed its annual output target for the stainless steel ingredient due to the impact of the coronavirus pandemic.Read full newsRead More
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference room solution used around the world in board, conference, huddle, and training rooms, as well as executive offices and classrooms. Founded in 2011, Zoom...Read More
OCS.ca is the only legal online retailer of recreational cannabis in Ontario. The Ontario Cannabis Store offers a variety of products including dried flower, pre-rolls, oils, edibles, vapes, extracts, CBD and THC capsules and accessories. For adults 19 years of age or older.Read full newsRead More
US president Donald Trump is pushing ahead to open up the economy which has been hamstrung by the COVID-19 pandemic."For me it's about lives & the future of our country!" he tweeted a short while ago.No new countries reported COVID-19 in the past 24 hours according to the World Health Organisation yesterday, putting the number of confirmed cases globally at 2.24 million and deaths at 152,551.J...Read More
Image of Ocotillo Express Wind Project in California by slworking2 The International Energy Agency (IEA) report on key electricity trends in the world's developed economies, released last week, shows renewable energy overtaking coal as a source of electricity generation for the first time in 2019.Natural gas took the top spot from coal in 2018 and last year coal-fired power production fell by the...Read More
Harte Gold's Sugar Zone gold mine in northern Ontario.?EUR,Image from Harte Gold. In the first quarter of this year, Harte Gold (TSE: HRT) reported it has produced 8,597 ounces at its Sugar Zone mine in Ontario.This is a record for the company and a 7% increase over the 8,017 ounces generated in the fourth quarter of 2019. This growth appears driven by higher grades milled - head grades average...Read More
Roberto Pancaldi Image from Tenova. Tenova, a company specializing in solutions for the metals and mining industries, has announced it will reorganize its businesses and review its governance structures. The company designs technologies and develops services that help reduce costs, save energy, limit environmental impact and improve working conditions.The changes are intended to steady Tenova's p...Read More